Posted by Nick Clarke 3 on 20/09/2020 21:13:08:
Buying an older mill just because it matches a Myford is in my opinion a terrible reason for choosing a particular mill.
But to choose the best mill that matches your requirements, new, old, new Chinese or English iron is sound common sense.
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I agree, but we're not all the same.
For that reason I strongly suggest anyone starting out shine a bright light on their reasons. Apply a ruthless engineering analysis to your requirement before spending money, but then go for it full throttle. This is because notions, prejudices and misunderstandings are as influential as cold logic when we go shopping and it pays not to mix them up.
For example I see nothing wrong in a hobbyist replicating a 1950s workshop to celebrate our engineering heritage, but doing so can be expensive, and misses certain opportunities. Likewise, I see nothing wrong in assembling a far-eastern workshop for entirely pragmatic and financial reasons. The first risks wasting time and money, the second could thoroughly annoy a traditionally minded owner. Ask what matters to you and why.
I wouldn't buy a machine with the idea of passing it on to future generations. I operate within a budget and buy tools to use them. To me tools are tools, not objects of affection or investments, and they can be scrapped or sold-on when they don't do what I need of them. Brand reputation is well down my list of desirable features because I'm mainly interested 'fitness for purpose' and 'value for money'. I'm also keenly aware reputation does not protect venerable machine tools from wear and tear. Balance the excellent reputation of Rolls Royce against the condition of this pre-loved Silver Shadow:

Pablo's plan for a Myford and matching Mill is off the table for me, not because I think those tools wouldn't be fit for purpose, but because they probably aren't 'value for money' in my context. (Even Myford's in poor condition attract premium prices.)
In my view, unless buying for a particular purpose, the debate boils down to New versus Second-hand. Buying new removes all the risks associated with buying second-hand, and it's possible to select machines to suit the space available, and the type of work to be done, and have them quickly delivered. Buying second-hand means waiting for the right machine to turn up, inspecting before purchase, and working round issues like uncomfortably big, or special power needs. On the plus side a better class of machine is affordable – far more expensive than Myford when new – but spares for top quality machines are shockingly expensive.
Myford seven series lathes are good but all machines have shortcomings, like a tiny spindle bore and chucks that unscrew in reverse. For many purposes, one of the bigger Chinese Lathes is a better choice. Not because of how beautifully made the lathe is, but because it's bigger!
So much depends on the owner and what he intends doing. A friend owns a sparkling workshop devoted to maintaining two modern motorbikes. The best spanners, tool cabinets, lifts and everything else. Loads of room. He enjoys keeping his workshop and bikes clean and tidy, but admits any major work is sent to the dealer. Good for him. My overcrowded workshop is a mess: bits, scrap, and half-finished projects, only cleaned when red-lights are flashing, or I'm starting something new. None of my tools are 'decent', but they all work and I enjoy getting the best of them. Both of us have workshops a professional would have to change. Expensive tools not earning money is sinful, as is buying machine tools likely to prove unreliable when worked hard. My untidy approach would be unacceptable if I shared the workshop, but I like it.
Useful to decide yourself where you are on the spectrum. Be honest, whether tinkerer, fuss-pot, collector, or slack-alice. Not good for someone like me to led astray by prejudice, and equally bad for me to push Chinese hobby equipment onto a tool-room worker. Horses for courses, but identify the course before choosing a horse. It's your hobby, enjoy!
Dave
Edited By SillyOldDuffer on 21/09/2020 12:28:20